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Showing 441 - 450 of 5594 results for "ASIC"

ASX chief compliance officer to step down

MATTHEW WAI  |  FRIDAY, 1 AUG 2025
... deliver key pieces of policy work as we manage the transition of responsibilities." The exchange is being investigated by ASIC and the RBA for questionable operational risks - including the CHESS batch failure that occurred just before Christmas last ...

ASIC calls out trustees 'passing the buck' on super switching

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
ASIC fired a stern warning to superannuation funds about "passing the buck" to financial advisers and shedding responsibility for overlooking dodgy investment options as the fallout from the Shield Master Fund and First Guardian Master Fund mounts to ...

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
... regulation and consumer policy. He has served as deputy chair of both the Australian Securities and Investments Commission (ASIC) and the Australian Competition and Consumer Commission (ACCC). Kell was also chief executive of CHOICE, where he was responsible ...

Adviser banned for PRP supervision failures

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
... business for five years, effective July 25. Potter was a financial adviser and nominated supervisor of a PRP at the firm, but ASIC has identified several oversights in the process. ASIC said Potter did not properly supervise the PRP when they were providing ...

Former adviser charged over clients' near $1m loss

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
... to a financial product, contrary to s 1041G of the Corporations Act and one charge of the same offence committed by proxy, ASIC said. The charges allege Cuthbertson made a series of dishonest representations relating to the acquisition of shares in his ...

Sequoia resumes trading after ASX query

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... the source of New Quantum's funds at the time," Sequoia said in response to the ASX query. "The company is cooperating with ASIC which is investigating the failure of the Shield Master Fund and First Guardian Master Fund and their responsible entities." ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
... After examining 23 different super funds, the regulator found only three met its expectations for sound valuation practices. ASIC recently followed with a discussion paper raising red flags around valuation practices, liquidity and transparency-especially ...

ASIC issues warning over BTG Technology

ELIZA BAVIN  |  MONDAY, 28 JUL 2025
ASIC has warned Australian investors against investing in unlicensed cryptocurrency futures products offered by BTG Technology Holdings Limited and its related entities (Bitget). ASIC said Bitget does not hold an AFSL, meaning it is not permitted to ...

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
... dismissed the claims by ruling that the product was not a "debenture" and therefore has not breached the Corporations Act. ASIC has subsequently appealed the decision - but the effort has since been turned down. The ruling upheld the original court decision. ...

Cbus deputy chief executive resigns

ELIZA BAVIN  |  FRIDAY, 25 JUL 2025
... the fund's processes for determining the propriety of board directors are lacking. Cbus has also come under fire from ASIC for claims handling delays which the regulator alleges impacted 6500 members.